EU Producer Prices Explode to All-Time High and Surging Energy Costs Bite
For the eighth month in a row, producer prices across Europe continued to skyrocket, largely fuelled by surging energy costs.
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European Union
EU Takes On Big Tech With Landmark Digital Markets Act
The European Council and European Parliament have reached a provisional political agreement on the proposed Digital Markets Act, aimed at
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European Consumer Prices Soar by Most on Record Just as Russia Cuts Exports
Consumer prices across Europe soared by the most on record in February, and will likely continue increasing amid food and
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EU Nixes Proof-Of-Work Crypto Ban
The European Union’s parliament voted on Monday against a proposal to limit the use of proof-of-work cryptocurrencies. The union’s Committee
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Natural Gas Prices Hit New Record as Europe Struggles with Energy Independence From Russia
Energy costs are skyrocketing out of control amid the ongoing Russia-Ukraine conflict, as the price of natural gas soars to
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Gazprom: The EU Has Used Up 95% of its Gas Reserves
Europe’s natural gas reserves are running substantially below normal levels, just as tensions between Russia and Ukraine continue to escalate.
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EU Halts Nord Stream Pipeline to Evaluate Energy Policy Compliance
The EU has once again thrown a wrench into the opening of the Nord Stream 2 pipeline, this time citing
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Euro Inflation Soars Past Record as ECB Struggles to Maintain Transitory Narrative
Inflation across the euro area surpassed previous record levels in December, eroding at consumer sentiment and further dismantling the ECB’s
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Eurozone Inflation Soars to Record 4.9%, Further Dismantling Transitory Narrative
In yet another testament that inflation is anything but temporary, price pressures across the euro zone soared to the highest
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U.S.-EU Agree to Remove Trump Imposed Tariffs on EU Steel and Aluminum Manufacturers
On October 30, the U.S. and European Union (EU) reached an agreement to remove tariffs on more than US$10 billion
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